 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
Cascade Technologies Enters Into MoU With Brisk Solar
Lakewood CO (SPX) May 11, 2009 Cascade Technology is pleased to announce that the Company has moved forward in its proposed determination to pursue opportunities in renewable energy, more particularly in solar. On April 30, 2009, the Company entered into a Memorandum of Understanding ("MOU") with Brisk Solar Inc., a division of FEC Finance Energy Corp ("Brisk"). Under the terms of the MOU the company will acquire the exclusive license and rights to market the Brisk products and services in the United States and to sell other performance licensing agreements in the United States. The MOU also grants the non-exclusive rights to market globally (excluding Africa). The exclusive license will be subject to performance to be negotiated as a part of a definitive licensing and distribution agreement between the Company and Brisk. Under the terms of the MOU, the Company and Brisk have 60 days to finalize and execute a definitive agreement. The Brisk products and services under the agreement include but are not limited to, the solar home package, solar phone booth kits, solar water pumps, solar roof top panels and the solar water heater. The MOU calls for the Company to issue a total of Six Million (6,000,000) shares of the Company's common stock in exchange for the rights. "With our mandate to source opportunities in the renewable energy sector, this agreement is of significant importance to the Company, allowing it to take its first steps to generating cash flow. We are extremely excited about this opportunity and will work diligently to finalize the definitive agreements as soon as possible," said Dwayne Flett, President. Share This Article With Planet Earth
Related Links Brisk Solar All About Solar Energy at SolarDaily.com
DuPont Encapsulant Accelerates BIPV RoofingWilmington DE (SPX) May 08, 2009 DuPont Photovoltaic Solutions (DPVS) announces commercialization of the first building-integrated photovoltaic (BIPV) modules to take advantage of new DuPont PV5300 Series encapsulant sheets, made of clear, supertough ionomer. SYSTEM Photonics S.p.A. from Italy calls its new "ROOF Collection" BIPV solar tiles an elegant new choice for adding aesthetically appealing, built-in photovoltaic ... read more |
|
|
| The content herein, unless otherwise known to be public domain, are Copyright 1995-2009 - SpaceDaily. AFP and UPI Wire Stories are copyright Agence France-Presse and United Press International. ESA Portal Reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement,agreement or approval of any opinions, statements or information provided by SpaceDaily on any Web page published or hosted by SpaceDaily. Privacy Statement |
del.icio.us
Digg
Reddit
YahooMyWeb
Google
Facebook